market mood

Media Amnesia & the Latest Housing Statistics

Ugly Headlines Existing U.S. Home Sales Pace Down 6.3% Year-Over-Year in March –USA Today U.S. New Home Sales Unexpectedly Decline to Record Low –Reuters Existing Home Sales Drop 9.6% –Marketwatch.com Scan the latest headlines, and you’d conclude that the housing market is a wreck. What the headlines omit, however, is context:  one year ago, Spring...
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